Tom Cook for the Baton Rouge Business Report, Real Estate Weekly | March 13, 2012
A 1.5-acre industrial site at 11997 Airline Highway, just south of the Paretti Jaguar and Land Rover dealership and including two buildings totaling 14,750 square feet, has sold for $950,000, or about $65 per square foot. The purchaser was Airline 11997 LLC, a partnership represented by Tim Fox and domiciled in Port Allen. Edward Rotenberg with Saurage Rotenberg Commercial Real Estate represented the purchaser as broker. The new owner intends to lease the buildings.
Edward Rotenberg is a graduate of Baton Rouge’s Episcopal High School and Southern Methodist University in Dallas, Texas. An industrial member of the Society of Industrial and Office Realtors® (SIOR), he is also a past member of the Board of Directors of the Commercial Investment Division of the Greater Baton Rouge Association of REALTORS® (GBRAR CID). He is currently a member of the Louisiana Commercial Data Base (LACDB); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Growth Coalition; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).